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$262,000

353 Mercy Tellez Court, Socorro, TX, 79927

On MarketInfo
Beds4 Beds
Baths2 Bath
Baths1,847 Sq Ft
Single Family ResidenceSingle Family Residence
price_per_sqft$141.85 / sqft
Year BuiltBuilt in 2023

Property Lead Type:

BankruptcyPre-ForeclosureAbsentee OwnerHigh Equity

Highlights

Interior

Bedrooms 4Bedrooms 4
Bathrooms Full 11Bathrooms Full 11
Garage AvailableGarage Available
Heating Forced Air UnitHeating Forced Air Unit
CoolingCooling
AppliancesSee Remarks
FlooringSee Remarks, Carpet

Exterior

Exterior FeaturesBack Yard Access
Lot Size6,000 sqft

Building Information

Year Built2022
Roof Type105
Garage Spaces2

Land Information

APNE951-000-0050-1100
Lot Number11
SubdivisionEstancias Del Parral
Land UseResidential
Legal DescriptionBLK 5 ESTANCIAS DEL PARRAL LOT 11
Census Tract010401
Assessed Land Value$54,900
Assessed Improvement Value$248,604
Assessment Year2025

About this property

A beautiful 1-story home with 4 bedrooms, 2 full baths, a large open concept, granite counter tops with a large island with room for bar stools, refrigerated a/c, and much more. Better hurry with this one!

Investor Tools

$229,207Estimated Mortgage Balance
$74,297Estimated Equity
24% equity
Estimated Cap Rate
View Rate
Estimated ARV (After-Repair Value)
Calculate ARV
Rent-to-Value Ratio: 0.72%
Rent Estimate
$1,821 /month
Positive
Cash Flow Estimate:
$607 /month

Interested in this property?

Ron Lilley

Trustar Real Estate, LLC.

ContactContact

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Financing Details

Estimated Taxes & Insurance
HOA Fees
Interest Rate Assumption
$732/month
No HOA
5.947%

Tax Information

Annual Taxes
Assessed Value
Assessment Year
Assessed Land
Assessed Improvement
Market Value
Tax Delinquent
$7,263
$303,504
2025
$54,900
$248,604
$303,504
No

Tax History

Year
Tax Paid
Assessed Value
2024
$7,263
$303,504

Mortgage Details

Lender
Loan Type
Loan Amount
Assumable
Position
Origination Date
Maturity Date
Rocky Mountain Mortgage
Fha
$242,967
Yes
First
Apr 17, 2023
May 2053

Equity Summary

Est. Mortgage Balance
Est. Equity
Equity %
LTV
Est. Monthly Payment
$229,207
$74,297
24%
76%
$1,457/mo

Rental Potential

Est. Monthly Rent
Est. Monthly Expenses
Est. Cash Flow
Gross Yield
$1,361/mo
$1,457/mo
$-96/mo
5.4%

Learn About the Market: Opportunity in Texas

Local Market Pages
Local Market Pages 2Local Market Pages 3Local Market Pages 4

Explore

Texas

Living in Texas means access to four of the nation’s most dynamic metro economies — Dallas–Fort Worth’s corporate and logistics powerhouse, Houston’s global energy and medical hub, Austin’s tech-driven and culturally iconic Live Music Capital of the World, and San Antonio’s historic yet steadily expanding military and healthcare center. The state blends economic scale with cultural significance, rooted in independence, entrepreneurship, and a strong sense of place — from Friday night football to world-renowned barbecue and music festivals. For homebuyers, Texas offers comparatively attainable housing, no personal income tax, and master-planned communities built around space and convenience; for investors, continued population growth, business relocation, and diversified industries create sustained demand across urban cores, suburbs, and emerging secondary markets.

Explore Texas Explore This Area
Population Growth

Population Growth

~1.3% annually

Net Migration

Net Migration

Positive

Median Home Price

Median Home Price

$283,800

Unemployment Rate

Unemployment Rate

4.3%

Price Trend

Price Trend

Flat

New Permits

New Permits

158,121

City: Socorro

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